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Business Studies Question Paper

Business Studies

Course:Secondary Level

Exam Year:2011

MOI GIRLS HIGH SCHOOL - ELDORET
SERIES 2 EXAMINATION
FORM 4
BUSINESS STUDIES
PAPER 2
TIME 2 1/2hrs

1. a]Discuss five importance's of entrepreneurship to an economy.
b]Explain five measures that the government may take to curb inflation.

2. a]discuss five problems linked to rapid population growth
b]explain five factors that may hinder economic development

3. a]Explain the differences between non-banking financial institutions and commercial banks
b]Discuss five circumstances under which an insurance company would not compensate the insured in the event of a loss

4. a]Highlight five situations where demand may increase with increase in commodity price
b]Give five reasons for differences in terms of trade between countries

5. a]Explain five benefits of localization of industries
b]explain the reason why consumers need protection against malpractices by some traders

6.a]Explain five ways in which the government can influence the price of a commodity
b]Oriabengi shop sells all its goods at a margin of 20%. for the year ended 30th April 2006 its trading activities were as follows:
purchase 800,000
sale 950,000
net profit 5% of sales ..............
closing stock 200,000
calculate:-
a]the gross profit
b]opening stock
c]mark-up percentage
d]net profit

Business Studies Question Paper

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